A $10 Gift Card and the Wonder of Teaching Moments
“Dad, look, here’s a $10 gift card to Toys R Us. Can we go?” “Well, honey, that’s not really a $10 coupon. It’s $10 off if we spend $75. We …
5 Great Youth Financial Literacy Links
These are some of the top resources that I’ve found that can help you teach your kids about the value of money: Allowance Magic – A short, simple and authoritative allowance …
Don’t Forget the Family
Times may be tough, but whatever you do, please don’t lose your focus on the family. I know I posted on this recently, but it bears repeating because I’ve seen …
The Thrift Shift?
I heard a very interesting story this Thursday on NPR’s Morning Edition. Linda Wertheimer chatted with The Wall Street Journal‘s David Wessell about the recent rebound in the savings rate …
President’s Council Report
“While there are many causes to the economic problems facing this country, it is undeniable that lack of financial literacy is a contributing factor.” -Charles Schwab, Chairman of the President’s …
40,000 Reasons You Can’t Ignore
“Children are already a major target audience for advertisers. American companies currently spend $15 billion a year on marketing and advertising to children under the age of 12—twice the amount …
Mistakes Is [sic] Good
There may be no better teacher than a good, old-fashioned mistake. For a time, my five-year-old daughter had been sinking all of her money into her Save jar after success …
Turning the Corner
I see one huge silver lining in the current economic crisis our world is facing: Financial literacy is already becoming a huge hot topic. I’ve seen a marked increase in …
Needs and Wants Redux
Needs and wants: It’s incredibly important to distinguish between the two. I’ve talked about this before, but it bears repeating. Why? I heard a report on NPR this week about …
When Tough Times Affect the Kids
Read Sue Schellenbarger’s article in The Wall Street Journal today. She has some terrific points about how we can talk to our kids about how the current financial crisis is affecting our …